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LIQUEFIED NATURAL GS(OTCMKTS:LNGLF) Appoints Second US Based Non-Executive Director

LIQUEFIED NATURAL GS (OTCMKTS:LNGLF) appointed D. Michael Steuert as a Non-executive Director of the company, effective February 9, 2015. He is the second US-based non-executive director after appointment of Paul Cavicchi in October 2014.

Impressive tenure with Fluor

Mike was the CFO and Senior VP at Fluor Corporation (NEW)(NYSE:FLR) from May 2001 to May 2012. It is a Fortune 200 company in the field of construction and engineering and has headquarters in Irving Texas. On Mike’s retirement, David Seaton, the CEO of Fluor said that Mike’s achievements will include leaving company with a strong balance sheet, cash reserves, and impeccable credit line. Mike directed Fluor efforts to develop and implement top-class financial reporting systems and enhanced risk management capabilities. Mike brings his world-class experience of working with Fluor to LIQUEFIED NATURAL.

The experience

Prior to Fluor, Mike served as CFO and Senior VP for Litton Industries, Inc. for more than two years. He was CFO and Senior Officer of Gencorp Inc (NYSE:GY) from 1990 to 1999. He began his career at TRW Inc. He has been a trustee of Prologis Trust and a Director of Prologis Inc (NYSE:PLD) since September 2003. He served as a Director of Weyerhaeuser Co (NYSE:WY) since October 2004. He was appointed Director of Kurion Inc. in September 2012. He has served on several senior management profiles till this time.

The qualification

Mike completed his graduation from Carnegie Mellon University. He also earned Masters Degree from ‘Carnegie Mellon University’. After that he joined Harvard University and Wharton School of Business to complete his post-graduate training.

The management view

Richard Beresford, the Chairman of LIQUEFIED NATURAL GS, said that it feels great to have Mile joining the Liquefied Board. His knowledge and experience of capital markets and financial matters and his understanding of the engineering and construction industry will be vital in achieving growth objectives.

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